Have you ever heard of the Rule of 72? How about the Rule of 114? The Rule of 72 is a shortcut to estimate the number of years it takes for an investment to double, while 114 estimates how long it takes to triple. Better still, use this calculator to get more exact numbers.
Why do you want your investment to double or triple? Does that fit into your overall strategy, or is it just a fun math problem to solve? With saving and growing your money, sometimes hitting singles is a better approach than swinging for a home run.
See How Your Money Grows
Why do you want your investment to double or triple? Does that fit into your overall strategy, or is it just a fun math problem to solve? With saving and growing your money, sometimes hitting singles is a better approach than swinging for a home run.
| Compounded | ||||
|---|---|---|---|---|
| Growth Target | Annually | Monthly | Weekly | Daily |
| Double 2× your investment | 0.0000 years | 0.0000 years | 0.0000 years | 0.0000 years |
| Triple 3× your investment | 0.0000 years | 0.0000 years | 0.0000 years | 0.0000 years |
| 10× Growth 10× your investment | 0.0000 years | 0.0000 years | 0.0000 years | 0.0000 years |
What's Your Time Horizon?
Related Content
8 Financial Milestone Birthdays
Get ready to celebrate your financial birthdays in this informative infographic.
Pullbacks, Corrections, and Bear Markets
When the market experiences volatility, it may be a good time to review these common terms.
How Families Can Build a Financially Informed Legacy
How Families Build a Financially Informed Legacy: From Wealth Creation to Stewardship Across Generations